Local option sales tax stirs debate

Local option sales tax stirs debate

Local option sales tax stirs debate

Print
Email
|

by Jacob Ryan

WHAS11.com

Posted on September 10, 2013 at 12:26 PM

Updated Tuesday, Sep 10 at 12:40 PM

LOUISVILLE, Ky. (WHAS11)-- A study released this morning detailing the impact of a potential local option sales tax has stirred debate among citizens and officials.

Metro Councilman, Ken Fleming, said he doesn’t agree with the tax, but it is a possibility since the one percent local option tax could collect $138 million for the city.

Louisville Mayor, Greg Fischer, said the local option tax is necessary to remain competitive with peer cities.

“As the study points out, 13 of our 14 peer cities have local option and we are at a competitive disadvantage because of it,” he said in a release this morning.

Mayor Fischer said the citizens of Louisville will have the responsibility of choosing if they want the ability to “build capital projects in their community through a short-term, one-cent sales tax.”

“That’s why we are getting such strong support from all areas of the state,” he said. “People want the power to decide what’s good for their hometowns.”

Local Option Sales Tax Study

Print
Email
|